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Charting the Global Economy: Bank of Japan Raises Interest Rates
MSN -
26/01
The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of inflation.
(Bloomberg) -- The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of inflation.
The rate hike followed a report showing consumer prices excluding fresh food rising at a faster pace of 3%, well above the central bank’s inflation target. In its outlook report, the BOJ raised most of its inflation projections, with all six of them currently at 2% or more for the first time since it started publishing them.
Here are some of the charts that appeared on Bloo... [Short citation of 8% of the original article]
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